19, Jan, 2016 – HBO plans to launch a steaming service in Spain later this year that will compete directly with Netflix.
Bloomberg reports the Time Warner company will retain the exclusive rights to its shows for the service and no longer licence its programming to pay-TV operations in the country.
It also quotes Richard Pleper, the company’s CEO, as saying: “we follow the money. We’re making a determination of where we think the profits must lie”.
Read more at Broadband TV News